Nord Anglia Education (NYSE:NORD) Downgrade
CLSA downgraded Nord Anglia Education (NYSE:NORD)’s stock to Underperform rating from Outperform. This rating change was issued to clients in a report today.
According to data compiled by Thomson Reuters, Nord Anglia Education (NYSE:NORD)’s stock is covered by 6 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $24.75, which reflects an upside potential of 4.17% over the current price.
Nord Anglia Education (NYSE:NORD) Profile
Nord Anglia Education, Inc. is an operator of premium international schools. The principal activities of the Company consist of premium schools and associated activities in China, which includes the People’s Republic of China and Hong Kong Special Administrative Region (SAR); Europe, which includes Switzerland, Slovakia, Hungary, Czech Republic, Spain and Poland; Middle East/South East Asia (ME/SEA), which includes the United Arab Emirates, Qatar, Thailand, Singapore, Cambodia and Vietnam, and North America, which includes the United States and Mexico. The Company’s segments are China, Europe, ME/SEA, North America and Other.
Nord Anglia Education (NYSE:NORD) traded down -0.04% on 30 November, hitting $23.76. A total of 41,751 shares of the company’s stock traded hands. This is down from average of 99,431 shares. Nord Anglia Education has a 52 week low of $14.58 and a 52 week high of $24.34. The company has a market cap of $2.52 billion and a P/E ratio of 202.44.
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